KUALA LUMPUR: The ringgit opened higher against the weakening greenback today as the latest US economic data reinforced expectations for an interest rate cut in the United States, an economist said.

At 8 am, the local note appreciated to 4.3305/3380 versus the greenback from yesterday's close of 4.3330/3370.

Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the US Dollar Index (DXY) slipped 0.31 per cent to 101.366.

https://www.nst.com.my/business/economy/2024/09/1105123/ringgit-marginally-higher-against-us-dollar-rate-cut-expectations